Are Corrado prices on the up?

[Portent 0]

I agree the only way is up

 

Let's hope so :D

 

[video=youtube_share;UtKADQnjQmc]http://youtu.be/UtKADQnjQmc

[C5 OEM 0]

Don`t think we shall see a surge in prices but of course as more get broken and scrapped the best ones will demand more money....nice cars but as previously said they never sold well when first launched so why now......bang for buck they are hard to beat in the vw circle but look at mk3 vr`s...good motors but can be had for half the money again

 

http://the-corrado.net/showthread.php?t=82272

[Jim 1]

Don`t think we shall see a surge in prices but of course as more get broken and scrapped the best ones will demand more money....nice cars but as previously said they never sold well when first launched so why now......bang for buck they are hard to beat in the vw circle but look at mk3 vr`s...good motors but can be had for half the money again

 

http://the-corrado.net/showthread.php?t=82272

 

Quite often it's not about what was most popular in the day.. as an example, using a friend of mine who is a collector of vintage He-Man toys (of all things). He's got a gigantic collection worth into five figures easily. Of course the main & most well known characters are valuable, but it's also the rarities / oddities and just the items that they simply didn't sell as much that have become the most valuable. The same is true across other areas of collecting.

 

I think the car will ultimately appeal to those folks who yearned to own one back when they came out but couldn't because of families, etc. And you might say that a Corrado isn't much of a car to aspire too, but then not everyone can afford to buy & run a classic Porsche. I think I posted a year or two back when I took my Corrado up to a small classic car festival up where my parents live. My dad took his lovely 1967 Daimler V8 and I parked alongside him in the Corrado. Hand on heart I had more folks come up to ask me about the Corrado than my dad did about his car - and to reminisce about owning one or a friend they knew who owned one.. people were really enthusiastic about it. I'd like to think that sort of thing bodes well for those with great examples tucked away in garages - e.g. ChrisL, Chris Langdon, Kip & Judith, Goldie, etc :)

[Tigerfish 10]

As has been mentioned, the lack of popularity when new was not the car, it was the price :(

[MarkR 11]

I suspect by your comment's your's is oem am I correct?

 

Correct!

 

I have got into Corrados later in life. I liked Corrodos in the 1990's, but unfortunately the company I worked for would only run to a Golf GTI.

 

Recently I decided to buy a Corrado as I needed another car for occasional use. I have no interest in making major modifications, but will happily make discreet improvements when funds allow.

 

I am ever hopeful that values will rise, even if it is just to make expenditure on the car easier to justify to the Mrs.

Edited July 18, 2013 by MarkR

[clumpy1 11]

Correct!

 

I have got into Corrados later in life. I liked Corrodos in the 1990's, but unfortunately the company I worked for would only run to a Golf GTI.

 

Recently I decided to buy a Corrado as I needed another car for occasional use. I have no interest in making major modifications, but will happily make discreet improvements when funds allow.

 

I am ever hopeful that values will rise, even if it is just to make expenditure on the car easier to justify to the Mrs.

Fair point the last one especially :)

[C5 OEM 0]

Quite often it's not about what was most popular in the day.. as an example, using a friend of mine who is a collector of vintage He-Man toys (of all things). He's got a gigantic collection worth into five figures easily. Of course the main & most well known characters are valuable, but it's also the rarities / oddities and just the items that they simply didn't sell as much that have become the most valuable. The same is true across other areas of collecting.

 

I think the car will ultimately appeal to those folks who yearned to own one back when they came out but couldn't because of families, etc. And you might say that a Corrado isn't much of a car to aspire too, but then not everyone can afford to buy & run a classic Porsche. I think I posted a year or two back when I took my Corrado up to a small classic car festival up where my parents live. My dad took his lovely 1967 Daimler V8 and I parked alongside him in the Corrado. Hand on heart I had more folks come up to ask me about the Corrado than my dad did about his car - and to reminisce about owning one or a friend they knew who owned one.. people were really enthusiastic about it. I'd like to think that sort of thing bodes well for those with great examples tucked away in garages - e.g. ChrisL, Chris Langdon, Kip & Judith, Goldie, etc :)

 

Well upto now they have not hit the dizzy heights that people have expected or commented on... Time will tell but let's face it nobody should buy one to invest money or retain value in fact people should be happy they can get really good examples for cheap money and just enjoy them.

[n3p 3]

I always wonder if this community alone (and the CCGB) has enough influence to increase the value of the Corrado in the UK. If we all start selling at a higher price then who knows what the future may hold :norty:

 

Unfortunately I'll never get back the money I spent on the car, but it's all done for love and not profit (as I suspect is the case with most guys here).

[clumpy1 11]

I always wonder if this community alone (and the CCGB) has enough influence to increase the value of the Corrado in the UK. If we all start selling at a higher price then who knows what the future may hold :norty:

 

Unfortunately I'll never get back the money I spent on the car, but it's all done for love and not profit (as I suspect is the case with most guys here).

Another good point I am similar I never bought the car as an investment if I was going to do that i would have bought a Mk2 Escort. Another example is the Sierra cosworth a few years ago you could pick them up for sub 5k you can hardly get a shell for that money now the corrado's time will come when is anyone's guess but it will come.

[EJ Taylor 22]

http://www2.autotrader.co.uk/classified/advert/201307097724588/sort/default/usedcars/model/corrado/make/volkswagen/onesearchad/used/onesearchad/nearlynew/onesearchad/new/postcode/ox53bs/radius/1500/page/2?logcode=p

 

HAVE YOU SEEEEEEN THIS? worth 5k allll day long!!!!!!

[D-Pete 0]

In Practical Classics Mag price guide Corrado VR6s have gone from £2000 to £3500 for a "condition 2" car in 3 years. Condition 1 cars are now listed at £5k IIRC.

[clumpy1 11]

http://www2.autotrader.co.uk/classified/advert/201307097724588/sort/default/usedcars/model/corrado/make/volkswagen/onesearchad/used/onesearchad/nearlynew/onesearchad/new/postcode/ox53bs/radius/1500/page/2?logcode=p

 

HAVE YOU SEEEEEEN THIS? worth 5k allll day long!!!!!!

That is very tidy :luvlove:

[C5 OEM 0]

That is very tidy :luvlove:

 

 

My mate looked at it yesterday

[clumpy1 11]

My mate looked at it yesterday

What did he think?

[seanl82 23]

That is very tidy :luvlove:

 

 

 

Even so, I'm not sure I'd spend that on a basic 2.0 Valver with no extas (leather etc). Its not alot of car for that sort of money, and tbh a car that old with low mileage, without absolutely bucket loads of history (no mention on the ad) could also end up a bit of a money pit even if it does look very clean outwardly.

[Jim 1]

For that money I'd of wanted them to refurbish the alloy wheels to the correct / original finish. The Estorils don't really work in a flat matt colour like that :(

[ChrisL 15]

Its funny because when I talk to people at shows who come look at the Corrado always seem to think they fetch really good money, I think its us owners that talk the value down sometimes.

[Billzeebub 1]

Even so, I'm not sure I'd spend that on a basic 2.0 Valver with no extas (leather etc). Its not alot of car for that sort of money, and tbh a car that old with low mileage, without absolutely bucket loads of history (no mention on the ad) could also end up a bit of a money pit even if it does look very clean outwardly.

 

Yeah, I agree with this. In the context of the car TCS currently have for sale (41k miler 1995 VR6 in Classic Green with Black Leather @ £5995) it doesn't look that attractive to me. It is certainly about what has been done to cars of this vintage, rather than the mileage.

Edited July 18, 2013 by Billzeebub

[C5 OEM 0]

What did he think?

 

Had to much paint on the front end and was a tidy car but way over priced

[Dox 22]

Who will benefit from prices of these cars increasing? Only people who want to cash in and sell up (and buy a Hyundai?).

 

Who will be disadvantaged by price increases? Grass roots enthusiasts priced out of the game by the well heeled who wont necessarily have the same passion.

 

As for those who have no intention of selling up either way, what do they benefit from an increased paper value?

[scarlet_vr6 0]

As for those who have no intention of selling up either way, what do they benefit from an increased paper value?

 

a higher insurance premium...

[bristolbaron 10]

With reference to the 16v.. sums up perfectly about different people wanting different things in a car. It could be 2k and I still wouldn't have viewed it, yet someone else was potential interested at 5.

 

Who will benefit from prices of these cars increasing?

 

The simple answer is the cars will benefit!

 

Two examples -

Jim's recent shall I/shan't I paint thread. Discussions on paying £2-3k to paint a car worth 2-3k become a lot less relevant if the car painted is worth 6-7!

I bought a mk2 last year thats a bit rough around the edges for a grand. with the market getting silly I can spend the same again on sorting out bits and bobs and then it'll be worth 3ish!

 

By having a bigger selling price, more people will put the efforts into restoring rather than breaking cars. At some point, most of us will sell up. If we can do it at a higher price that can only be a good thing!

[Dox 22]

With reference to the 16v.. sums up perfectly about different people wanting different things in a car. It could be 2k and I still wouldn't have viewed it, yet someone else was potential interested at 5.

 

 

 

The simple answer is the cars will benefit!

 

Two examples -

Jim's recent shall I/shan't I paint thread. Discussions on paying £2-3k to paint a car worth 2-3k become a lot less relevant if the car painted is worth 6-7!

I bought a mk2 last year thats a bit rough around the edges for a grand. with the market getting silly I can spend the same again on sorting out bits and bobs and then it'll be worth 3ish!

 

By having a bigger selling price, more people will put the efforts into restoring rather than breaking cars. At some point, most of us will sell up. If we can do it at a higher price that can only be a good thing!

 

Look at your sig, you're a repeat offender, you wont benefit unless you go cold turkey.

 

If the prices of the cars go up in value surely the prices of parts will follow and if less get broken the more sought after rare parts prices will soar?

 

The best part of owning an older car is that there's no depreciation, offset that against higher running costs and we're onto a winner?

[EJ Taylor 22]

Its funny because when I talk to people at shows who come look at the Corrado always seem to think they fetch really good money, I think its us owners that talk the value down sometimes.

 

Agreed. 99% of the people on here go on about rado's like there rubbish. They have there faults, but what car doesn't.

[C5 OEM 0]

With reference to the 16v.. sums up perfectly about different people wanting different things in a car. It could be 2k and I still wouldn't have viewed it, yet someone else was potential interested at 5.

 

 

 

The simple answer is the cars will benefit!

 

Two examples -

Jim's recent shall I/shan't I paint thread. Discussions on paying £2-3k to paint a car worth 2-3k become a lot less relevant if the car painted is worth 6-7!

I bought a mk2 last year thats a bit rough around the edges for a grand. with the market getting silly I can spend the same again on sorting out bits and bobs and then it'll be worth 3ish!

 

By having a bigger selling price, more people will put the efforts into restoring rather than breaking cars. At some point, most of us will sell up. If we can do it at a higher price that can only be a good thing!

 

 

Agree with this 100%, went to stanford hall this year and sorry to say but the standard of the average corrado has dropped but due to this exact reason.... why would you spend money painting and fixing if in the end the value is still the same.....

 

So how much do you think you can expect to see back....? for instance if you did the whole underside of the car,subframe/rear beam/brakes and spent a grand how much would that really increase the value.....?

 

It is irrelevant how much you car is worth unless you need to sell it, maybe a buyers guide and price guide on here would help to steady prices and give potential owners confidence in the price they pay.....?